Commerce Lexington Releases 2022 Minority Business Guide and Directory

LEXINGTON, Ky. — Minority and women-owned businesses are important segments of our region’s thriving economy. In fact, according to the US Small Business Administration, they outpace other businesses in terms of growth while participating in a wide variety of industries. Since the mid-1990s, Commerce Lexington Inc. and its predecessor, the Greater Lexington Chamber of Commerce, along with its many partners throughout the community, have championed the efforts of minority-owned businesses.

Commerce Lexington’s Community and Minority Business Development (CMBD) program aims to promote and support the economic growth, development, and self-sufficiency of ethnic minority business owners and entrepreneurs. Minority businesses are offered strategic and business planning, procurement assistance, access to lending tools and the expertise of a full set of economics professionals.

Commerce Lexington recently released its 2022 Minority Business Guide and Resource Directory, which not only aims to help area minority business owners find help in overcoming challenges and barriers to their business, but also to facilitate commercial relations with Commerce. Businesses owned by women and minority members of Lexington. Commerce Lexington began publishing this guide and directory in 2007 when several business owners expressed difficulty finding quality minority-owned businesses within the community.

Tyrone Tyra, Senior Vice President of Community and Minority Business Development at Commerce Lexington, said, “Our team has worked very hard to not only provide our most disadvantaged businesses with the tools and resources to succeed, but also to Highlight the benefits to the local economy of companies increasing their spending with minority businesses. As the saying goes, a rising tide lifts all boats, and we would like to see all segments of our community have an equal chance to thrive.

The 2022 Minority Business Guide and Resource Directory is available digitally online at www.commercelexington.com/minority-business-directory.html, or printed copies are available from the offices of Commerce Lexington at 330 East Main Street in Lexington. To learn more about local services and resources for minority-owned businesses, go to https://locateinlexington.com/minority-business-services.

Click here for more information on Kentucky business.

Calvin W. Soper